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    450 Pond Promenade Chanhassen, MN 55317-8307

    • Drive through restaurants
    • 4,818 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0990990
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Culver's / Ice Cream Shop / Restaurant

    Property Details for 450 Pond Promenade

    Year built
    2001
    Lot size
    0.93 lot acres
    Property size
    4,818 SF
    Property type
    Drive through restaurants
    APN
    25-8560010
    APU
    258560010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chanhassen
    County
    Carver
    State
    Minnesota
    Longitude
    -93.5323
    Latitude
    44.858
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $38,560
    $711,900
    $823,600
    $1,535,500
    -
    $711,900
    $823,600
    $1,535,500

    Comparable in this City

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      4,588 SF

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      DRIVE-THRU RESTAURANT, FAST FOOD • 4,588 SF
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    • Value Estimation by Request
      2,052 SF

      975 78th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,052 SF
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      2,556 SF

      7820 Market Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,556 SF
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      6,575 SF

      590 79th St

      RESTAURANT • 6,575 SF
      590 79th St, Chanhassen, MN 55317-9530
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      8,556 SF

      550 79th St

      RESTAURANT • 8,556 SF
      550 79th St, Chanhassen, MN 55317-9530
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    • Value Estimation
      $390,000
      6,047 SF

      575 78th St

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,047 SF
      575 78th St, Chanhassen, MN 55317-9677
      View Details

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    Similar Nearby for Lease

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      44,424 SF

      Chanhassen Retail Space Available

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      2,621 SF

      Retail Space in Chanhassen

      Retail space with high visibility and ample parking.
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      Retail Space in Chanhassen

      Retail property in Chanhassen, Minnesota, currently 100% leased.
      420-440 Pond Promenade, Chanhassen, MN 55317
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      5,000 SF

      Chanhassen Retail Space Available

      5,000 SF retail space for lease in Chanhassen, MN.
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      Land and retail space for sale or lease in Chanhassen.
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      1,510 SF

      Retail and Office Spaces Available

      Retail and office spaces for lease in Chanhassen, Minnesota.
      580-600 Market St, Chanhassen, MN 55317
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    Property Visit Statistics

    • Visits by month
      19.5k
    • Visitors by month
      14.3k
    • Avg Time on site
      20 min
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    450 Pond Promenade
    Chanhassen, MN 55317-8307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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